The demand for money is regulated entirely by its value, an… - David Ricardo

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The demand for money is regulated entirely by its value, and its value by its quantity.

David Ricardo

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About David Ricardo

David Ricardo (19 April 1772 – 11 September 1823) was an English political economist, often credited with systematizing economics, and was one of the most influential of the classical economists. He was also a member of Parliament, businessman, financier and speculator.

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Henry Hazlitt Jean-Baptiste Say Thomas Robert Malthus Adam Smith Karl Marx

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" for price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

The farmer and manufacturer can no more live without profit than the labourer without wages.

To alter the money value of commodities, by altering the value of money, and yet to raise the same money amount by taxes, is then undoubtedly to increase the burthens of society.

The demand for money is regulated entirely by its value, and its value by its quantity. - David Ricardo

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